18 Mar 2013 07:00
18 March 2013
Aureus Mining Inc.
TSX : AUE
AIM : AUE
Notice of Preliminary Results
Aureus Mining will be reporting its Preliminary 2012 results on Wednesday 20 March 2013. A presentation for analysts and investors will take place at 9:00am GMT at the office of Buchanan, 107 Cheapside, London, EC2V 6DN.
The presentation will be webcasted and can be viewed at the above time via the following link:
http://mediaserve.buchanan.uk.com/2013/aureus200313/registration.asp
Participation by way of conference call will be possible. Participant dial-in numbers are as follows:
UK: 0808 238 0673
Alternative number: +44 (0) 1452 569 335
Conference ID# 23984125
A recording of the webcast will also be made available on the Company's website later on the same day.
A separate conference call will be held for Canadian analysts and investors at 1:00pm GMT / 9:00am EST. The details of the call will be released with the announcement of the results.
Contact Information Aureus Mining Inc. David Reading / Jeremy Cave Tel: +44(0) 20 7010 7690
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Buchanan Bobby Morse / Gordon Poole Tel: +44 (0) 20 7466 5000 |
RBC Capital Markets (Nominated Adviser and Joint Broker) Martin Eales / Richard Hughes Tel: +44(0) 20 7653 4000 | GMP Securities Europe LLP (Joint Broker) Richard Greenfield / Alexandra Carse Tel: +44(0) 20 7647 2800 |
About Aureus Mining Inc.
The Company's assets include the New Liberty gold deposit in Liberia (the "New Liberty Gold Project" or the "Project"), which has an estimated proven and probable reserve of 910,000 ounces of gold grading 3.3 g/t and an estimated measured and indicated mineral resource of 1,143,000 ounces of gold grading 3.6 g/t and an estimated inferred mineral resource of 593,000 ounces of gold grading 3.2 g/t. A feasibility study has been completed on the Project and construction has commenced with initial earthworks. The Project is expected to have an eight and a half year mine life and annual production of 120,000 ounces for the first five years of production. The Company has financed the Project's equity funding requirement and is in advanced discussions with interested parties to fund the balance.
The New Liberty Gold Project is located within the Bea Mountain mining licence, which covers 457 km² and has a 25 year, renewable, mineral development agreement. The Bea Mountain mining license also hosts the proximal gold targets of Ndablama, Gondoja and Weaju, which are the focus of exploration programs during 2013. The contiguous Archaen Gold exploration licence, which covers 89 km², is also a focus of exploration for 2013, with Leopard Rock being the main target.
The Company also has gold exploration permits in Cameroon.